Oil India

Quick check

The five things to look at first. Open one for more.

• DebtHighest safetyRated AAA by 2 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 58% and profit rose 97% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 57% of the company, about the same as in Jun 2025.
• ValuationNormal for this stockThe share trades at 8.7 times its yearly earnings (P/E), pricier than 51% of the time in the last 5 years. Its usual P/E is about 10.

Oil India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)8.7 against a typical 45.1: cheaper than most peers (1st = cheapest).2nd of 6
• Sales growth+57.7% against a typical +53.6% from a year earlier.3rd of 6
• Profit growth+96.7% against a typical +96.7% from a year earlier.3rd of 5
• Share price, 3 months−0.1% against a typical −2.2%.3rd of 7
• Size₹ 72,563 Cr. market value against a typical ₹ 3,986.6 Cr. (1st = largest).2nd of 7

Exchange filings and their impact on the company.

• 23 Oct 2026Press ReleaseLow impactPositivePrice −2% that day
  OIL found gas flowing at about 1 lakh cubic metres a day in its KG offshore appraisal well, a small but encouraging exploration success with no near-term earnings impact.

  Oil India reported a natural gas discovery in the appraisal well Godavari-1 in its sole-operated shallow offshore block KG-DSF/GSKW/2018 in the Krishna-Godavari Basin. The zone at 2024-2027 metres flowed about 1 lakh cubic metres of gas per day, up to 2 lakh on continuous testing, plus about 170 barrels per day of condensate, and testing of an upper zone is underway. It is an encouraging result in the previously unappraised Matsyapuri formation, but it is small in scale and will need further appraisal before any commercial development.

  Full analysisFiling
• 18 Oct 2026Press ReleaseLow impactPositivePrice +0.9% on 19 Oct
  OIL won a 272 sq km CBM exploration block, with only small exploration spend and no revenue in the next 12 months.

  Oil India signed a Revenue Sharing Contract on 15 October 2026 for Special CBM Block SR-ONHP-(CBM)-2026/1 in the Singrauli Coalfield. The block covers 272.14 sq km with coal seams expected at 600-800 metres depth and about 40 metres average thickness. It marks OIL's return to coal bed methane exploration, which could support future gas resources but will need exploration and appraisal before any production.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Ranjit Rath

Executive Chairman, Managing Director, Director - Exploration and Development

Abhijit Majumder

Chief Financial Officer, Executive Director - Director (Finance)

Ajaya Kumar Sahoo

Company Secretary and Compliance Officer

Ankur Baruah

Executive Director - Director (Human Resources)

Trailukya Borgohain

Executive Director - Operations

Saloma Yomdo

Executive Director - Exploration and Development